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Qatar buys 4% of Ivanhoe for $500 million

That’s a 9% discount to the miner’s share price

Nathan Richardson
QIA headquarters, located in the Ooredoo Tower in the city of Doha.

QIA headquarters, located in the Ooredoo Tower in the city of Doha. | Credits: Shutterstock.

Qatar's sovereign wealth fund has agreed to invest US$500 million in Ivanhoe Mines through a private placement, which will see it take about a 4% stake in the Robert Friedland-led Canadian company. ...

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